NOT LISTED FOR SALE

Estimated Value: $1,249,064 - $1,621,000

2 Beds
2 Baths
-- Sq Ft
3,601 Sq Ft Lot

Last Sold October 04, 2018

Last sale price $799,000

Est. 84% increase in value since last sale

Current estimated payment $8,947/month

8 Days on Market

Highlights

  • Property is Fully Fenced
  • Ocean Beach Elementary School Rated A
  • 1-Story Property

About This Home

As of October 2018

Amazing two unit opportunity just blocks from the beach offering the option to rent both sides or live in one and rent the other. This home is ready for you to move in or have out of town guests enjoy the best of Ocean Beach. The fully fenced yard is drought resistant with the artificial turf, rock embellished flower beds, pergola covered patio for barbecuing, and new exterior paint. Enter through the front door of the main unit and take in the warm colored flooring and coved ceilings, see supplement Home is highlighted by 2 large bedrooms, fully fenced private patio with washer and dryer. Relax and refresh on the outdoor living space boasting a pergola, built in bar and barbeque while watching the neighbors go by. Second unit has newer laminate flooring and is currently arranged to sleep up to 6 guests and also boasts it’s own private patio. Additionally there are 2 guaranteed parking spaces. Whether you choose to live in a one of the units or rent both out, guests will be close to all Ocean Beach has to offer including walking to the beach, parks, restaurants and shops, easy to access to San Diego amenities such as the zoo, Seaworld, Balboa Park.

Last Agent to Sell the Property

John Reeves

Reef Point Realty, Inc License #01861983 Listed on: 08/22/2018

Last Buyer's Agent

Jeremy Caffey

eXp Realty of California, Inc. License #02005418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,767

Year Built

  • Built in 1940

Lot Details

  • 3,601 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 448-562-01-00

Community Details

Overview

  • 2 Units
  • 4673 4675 W. Point Loma Blvd Community

Building Details

  • Net Operating Income $57,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,767

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Sunset Cliffs Blvd
  • Neighborhood: Ocean Beach
  • Supplement: Home is highlighted by 2 large bedrooms, fully fenced private patio with washer and dryer. Relax and refresh on the outdoor living space boasting a pergola, built in bar and barbeque while watching the neighbors go by. Second unit has newer laminate flooring and is currently arranged to sleep up to 6 guests and also boasts it’s own private patio. Additionally there are 2 guaranteed parking spaces. Whether you choose to live in a one of the units or rent both out, guests will be close to all Ocean Beach has to offer including walking to the beach, parks, restaurants and shops, easy to access to San Diego amenities such as the zoo, Seaworld, Balboa Park.
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1940
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: 4673-4675 W. Point Loma Blvd
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 1-3,999 SF
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 448-562-01-00
  • Estimated Lot Sq Ft: 3601
  • Estimated Number of Acres: 0.08
  • Map Code Column: A
  • Map Code Page: 1268
  • Map Code Row: 5

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 57280
  • Annual Expense Actual: 12720
  • Gross Rent Multiplier Actual: 12.0
  • Gross Sched Income Actual: 70000
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Sep 5, 2018
Sold by
Leblanc Justin
Bought by
Hart Renata
Seller's Agent
John Reeves
Reef Point Realty, Inc
Buyer's Agent
Jeremy Caffey
eXp Realty of California, Inc.
List Price
$749,999
Sold Price
$799,000
Premium/Discount to List
$49,001
6.53%
Current Estimated Value
$1,470,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,266
Avg. Annual Appreciation
9.21%
Original Mortgage
$580,150
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2012
Sold by
Leblanc Justin and Leblanc Justin Michael
Bought by
Leblanc Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,330
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 2011
Sold by
Koller Kevin
Bought by
Leblanc Justin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,750
Interest Rate
3.87%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hart Renata $799,000 Ticor Title San Diego Branch
Leblanc Justin -- Lawyers Title
Leblanc Justin Michael $407,000 Chicago Title
Koller Kevin -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Renata $540,500
Closed Hari Renata $574,900
Closed Hart Renata $580,150
Previous Owner Leblanc Justin $408,430
Previous Owner Leblanc Justin $415,330
Previous Owner Leblanc Justin Michael $415,750
Previous Owner Koller Kevin $273,000
Previous Owner Koller Kevin $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2018 10/04/18 Sold $799,000 0.0% --
10/04/2018 10/04/18 Sold $799,000 -0.1% $673 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/31/2018 08/31/18 Price Changed $799,990 +6.7% --
08/31/2018 08/31/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $749,999 0.0% --
08/22/2016 08/22/16 For Sale $749,999 -- $631 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,767 $891,294 $803,171 $88,123
2024 $10,767 $873,819 $787,423 $86,396
2023 $10,529 $856,686 $771,984 $84,702
2022 $10,249 $839,890 $756,848 $83,042
2021 $10,179 $823,422 $742,008 $81,414
2020 $10,056 $814,980 $734,400 $80,580
2019 $9,877 $799,000 $720,000 $79,000
2018 $11,281 $449,284 $364,286 $84,998
2017 $80 $440,476 $357,144 $83,332
2016 $12,552 $431,841 $350,142 $81,699
2015 $7,837 $425,355 $344,883 $80,472
2014 $4,865 $417,024 $338,128 $78,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180047074

San Diego MLS

APN: 448-562-01